Farm Business Management -- Reports -- State-wide Minnesota 2003

	Avg. Of
	All Farms

Number of fields	23
Number of farms	18

Acres	54.75
Yield per acre ($)	68.50
Operators share of yield %	100.00
Value per $	1.00
Total product return per acre	68.50
Miscellaneous income per acre	-
Gross return per acre	68.50

Direct Expenses
Crop chemicals	0.30
Fuel & oil	1.66
Repairs	3.26
Land rent	50.33
Operating interest	0.38
Miscellaneous	0.06
Total direct expenses per acre	55.98
Return over direct exp per acre	12.52

Overhead Expenses
Custom hire	0.80
Hired labor	0.99
Farm insurance	3.88
Utilities	0.42
Dues & professional fees	0.48
Interest	0.43
Mach & bldg depreciation	1.94
Miscellaneous	0.35
Total overhead expenses per acre	9.29
Total dir & ovhd expenses per acre	65.27
Net return per acre	3.24

Lbr & mgt charge per acre	2.86
Net return over lbr & mgt	0.38
Government payments	-
Net return with govt payments	0.38

Cost of Production
Total direct expense per $	0.82
Total dir & ovhd exp per $	0.95
With labor & management	0.99
Total exp less govt & oth income	0.99

Est. labor hours per acre	0.22